Israel: Plastic Bag Market 2024

Plastic Bag Market Size in Israel

The Israeli plastic bag market expanded markedly to $X in 2022, increasing by 8.8% against the previous year. Over the period under review, consumption, however, continues to indicate a slight slump. Plastic bag consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plastic Bag Production in Israel

In value terms, plastic bag production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 42% against the previous year. Plastic bag production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Bag Exports

Exports from Israel

In 2022, overseas shipments of plastic sacks and bags were finally on the rise to reach X tons after two years of decline. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 37%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic bag exports stood at $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X tons), Italy (X tons) and the United States (X tons) were the main destinations of plastic bag exports from Israel, with a combined 51% share of total exports. Spain, France, the UK, Brazil, Guatemala, Russia, South Africa, Germany, Peru and Slovenia lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of +26.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and Italy ($X) constituted the largest markets for plastic bag exported from Israel worldwide, with a combined 50% share of total exports. Spain, France, the UK, Brazil, Guatemala, Russia, South Africa, Germany, Peru and Slovenia lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Slovenia, with a CAGR of +25.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic bag export price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per ton) and Peru ($X per ton), while the average price for exports to Slovenia ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Bag Imports

Imports into Israel

For the fourth year in a row, Israel recorded growth in purchases abroad of plastic sacks and bags, which increased by 3.5% to X tons in 2022. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2016 when imports increased by 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, plastic bag imports expanded significantly to $X in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of plastic bag to Israel, accounting for a 55% share of total imports. Moreover, plastic bag imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.4% per year) and the United States (+9.1% per year).

In value terms, Turkey ($X) constituted the largest supplier of plastic sacks and bags to Israel, comprising 52% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports. It was followed by the United States, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.8% per year) and the United States (+9.5% per year).

Import Prices by Country

The average plastic bag import price stood at $X per ton in 2022, growing by 8.8% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 12%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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